Can Canada teach Australia a few new tricks? Tax reform in resource-rich countries

When

13 Mar 2017

12:15 PM - 1:45 PM

Location

Sydney, NSW

The Centre of Independent Studies Presents...

Can Canada teach Australia a few new tricks?Tax reform in resource-rich countries

GUEST SPEAKER: Dr. JACK MINTZ

Australia may be falling behind in its pursuit of global capital and investment, particularly with a globally uncompetitive company tax rate, unchanged since 2001. By contrast, Canada has been a successful tax reformer, with the federal-provincial corporate tax rate falling from 43% in 2001 to 27% in 2016. This has been coupled with the virtual elimination of capital taxes, and other policies.

Has Canada powered ahead of Australia because of Canada’s lower tax burden on business? How has Canada succeeded in tax reform while Australia appears to be floundering? Will tax changes proposed by Donald Trump in the US be game changers for both countries?

The Centre for Independent Studies (CIS) and the Canadian Australian Chamber of Commerce (CACC) are pleased to host a joint event discussing these and other questions. This event will hear from Canadian tax expert, Dr Jack Mintz, President’s Fellow, School of Public Policy at the University of Calgary and former chair of the Canada’s business tax panel that led to Canada’s reform, and Michael Potter, Research Fellow at CIS.

The event will also discuss the sweeping implications of the US Republican party’s tax plans for the US, Canada and Australia: how the plans could encourage capital flight from Australia and Canada and severely worsen Australia’s disadvantage in the competition for global capital.

Limited parking is available within the building complex. Online pre-bookings are essential to secure a car spot and discounted parking rate. Please visit the Secure Parking website, select the car park at 131 Macquarie Street and enter the promotion code:CIS10when making your booking. If you are travelling by train, Martin Place and Circular Quay are the nearest stations to our office, with Wynyard a few minutes further away.

This event is proudly delivered in association with the Canadian Australia Chamber of Commerce.